Tuesday, February 16, 2016

First REIT

Another stock that is added into my portfolio.

Like Silverlake, it was also hit by bad news.
Some reports mentioned that they plan to list in Indonesia, after Widodo took over the government and offer better incentives for companies to list.
Because of Widodo, I also foresee good potential in Indonesia.
Widodo seems to have quite a modern thinking, and there is a surge in internet start-ups.

I always liked First REIT, and the price has dropped to a level where I feel I am better off than those people who bought at the peak of 1.4.

Their PE is around 12, which is boring.
But their current Dividends is around 7%. A good boost to the free money I can collect monthly.

And I like the business of health care, and I wanted something to capture the trend of rising aging population.

Another thing is that the CEO has also been recently amassing its share.

No comments:

Post a Comment